FXstreet.com (Barcelona) - The USD/CHF went again above 0.9600 to test the psychological level after having reached 0.9611 last Friday.

Switzerland UBS Consumption Indicator released in early Europe reveals an improvement from 1.20 to 1.41 in April.

“The 0.9572/95 resistance is key longer term, we will need to see this broken clearly. This will introduce scope to the 0.9950/61.8% retracement of the move down from 2010”, wrote Commerzbank analyst Karen Jones.